27-Dec-2024
What to expect from the Macau casino sector in 2025
Seeking Alpha News (Thu, 26-Dec 8:48 AM ET)
Las Vegas Sands Named to the Dow Jones Sustainability Indices for World and North America
PRNewswire (Mon, 23-Dec 1:00 PM ET)
BROOKLYN NETS AND PHOENIX SUNS TO PLAY TWO PRESEASON GAMES IN MACAO IN OCTOBER 2025
PRNewswire (Fri, 6-Dec 8:01 AM ET)
Macao Enterprises Take Trip to Lisbon with Sands China
PRNewswire (Wed, 4-Dec 8:57 AM ET)
PRNewswire (Wed, 27-Nov 5:48 AM ET)
PRNewswire (Thu, 31-Oct 1:00 PM ET)
PRNewswire (Thu, 24-Oct 9:41 AM ET)
Las Vegas Sands Reports Third Quarter 2024 Results
PRNewswire (Wed, 23-Oct 4:05 PM ET)
Sands to Release Third Quarter 2024 Financial Results
PRNewswire (Wed, 16-Oct 4:05 PM ET)
PRNewswire (Thu, 10-Oct 1:00 PM ET)
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Las Vegas Sands Corp. trades on the NYSE stock market under the symbol LVS.
As of December 27, 2024, LVS stock price declined to $51.86 with 1,576,180 million shares trading.
LVS has a beta of 0.58, meaning it tends to be less sensitive to market movements. LVS has a correlation of 0.05 to the broad based SPY ETF.
LVS has a market cap of $37.60 billion. This is considered a Large Cap stock.
Last quarter Las Vegas Sands Corp. reported $3 billion in Revenue and $.44 earnings per share. This fell short of revenue expectation by $-98 million and missed earnings estimates by -$.10.
In the last 3 years, LVS traded as high as $65.58 and as low as $28.88.
The top ETF exchange traded funds that LVS belongs to (by Net Assets): VTI, VOO, VO, CGDV, VUG.
LVS has underperformed the market in the last year with a price return of +8.5% while the SPY ETF gained +26.4%. LVS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +1.8% and -3.7%, respectively, while the SPY returned +4.5% and -1.2%, respectively.
LVS support price is $50.99 and resistance is $52.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LVS shares will trade within this expected range on the day.